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. they're about to repay hundreds of millions of dollars in emergency loans sending the euro to a 11-month high. currency investor axle merck says the euro could be the rock star this year. he is here to explain. tracy: this blowup capsule the future of space? you heard it about had here first last week. the head of the company that makes nasa's new experiment will tell us how the thing works. and how it is expandable as to inflatable. ashley: there is your space lab right there. tracy: but it is top of the hour. time for stocks as we do every 15 minutes. nicole petallides on the floor of the exchange. >> all right. good way to kick off the hour. let's just get to the markets. i think we'll save ourselves. let's take a look here at the dow, the nasdaq and the s&p. as we noted we've been sitting here at five-year highs and not too far off all-time highs. look at dow industrials. 13,881. you are. our high of the day was 13,887. these are the highest levels we've seen in five years. of course our all-time high, there it is right on cue, closing high, 14,164 and change. we're not too far
% of those surveyed would prefer the uk to leave the euro. >> i should have said leave the european union. britain can't leave that monetary issue. we'll have plenty more on the relationship between britain and europe. for now, we can look at the relationship with markets. the euro stoxx 6700 is down about 0.4% today. not a done of differentiation. the biggest gainer, interestingly, is monti paschi. some of the airlines are struggling, too, on the back of ryan air's results. now take a look at what's happening across the bourses. we're seeing somewhat again of a trading pattern here after the last several trading sessions where it's not consistent. we'll get those up for you just as soon as we can. today, it's down pretty much across the board. the ibex shedding 0.12%. the cac 400.15% the. the xetra dax is also down 0.1%. the ftse 1100, same thing. pretty consistent story across these indexes here. it's a big week for earnings, too. in the meantime, let's take a look at the bond wall. it's been interesting, actually, to see the lack of action, lack of attention markets have been paying he
cliff, is euro going to explode, so many covers of the euro bursting into flames. >> is japan going to get washington, d.c. into the sea or will this incredible debt burden just crush them? and the fact is that for the last four years, all of those risks, every single one has been overstated, overstated by people in the marketplace. emerging markets are actually much more unstable than that and yet. >> they are thought unstable. >> they are responsible to for two-third of the world's growth, about three quarte by e e of the decade, and yet these are countries that are much more volume tile, volatile and much more opaque. >> rose: let's talk about who they include, china, india, brazil, and turkey and -- >> some of them are doing reasonably well, some include the bricks but three of the bricks bricks are facing head wind greater than we have seen in the united states, not brazil, which is developing increasingly becoming more regularized but in the china and russia, and i go back to the beginning. >> ros the risk is what going to hpen to them? >> the risks are different for differen
about? >> yeah. it was guilts. booms also going. the dollar, $1.33 verse you the euro and 88 on the yen. finally, gold was up significantly yesterday. it's falling back a little today, down about four points. >>> now time for the global markets report. ross westgate standing by in london. mr. westgate, how are you this morning? >> hey. we're good. thanks very much. as you just saw joe point out, softer here. we have bounced off the session low a short while ago. and the german economics ministry talking about the forecasts for germany, as well. just helping us bounce off that primarily, saying, yes, we've had a weak fourth quarter. will be weak at the beginning of the year. they're expecting a much stronger rebound toward the end of 2013. so the footse 100 was down .5, currently down .3. down .3 for the xetera dax, down .1 as is the french market, ibex down .3%. the euro/dollar, we had an interview with ewald nowotny, the austrian central bank governor. member of the ecb governing council, as well. you see the spike -- we had the session chart, what i was looking for. you would have see
coming in stronger in the real star here. the euro topping 135 for the first time since april 2010. and strengthening even more after the gdp release. overnight in iasia, the nikkei p from 2010. the road map starts with the markets. today may be the day some milestones are hit. we're just about 2% away from dow 14,000. a level we have not traded above since october 17th, 2007. the s&p 500 less than 4% below its october '07 record high. can the bulls overcome the news of the surprise contraction in gdp. >> anticipation building, at least certainly here for research in motion. that being the blackberry 10, will it be enough to sustain the run. we'll take a look. >> amazon shares rocketing higher this morning. investors looking past the revenue and weak guidance, focusing instead on the gains in operating in gross margins. shares are set to open at record highs. >> look at chesapeakchesapeake,d of directors announcing the founder retiring in april. >> we do begin with a stunning gdp report. the economy contracted to 0.1% in the fourth quarter. first decline since 2009. this as we rema
europe, having exposure to the currency, i have exposure to the euro, for a reason, is that i want -- i don't like the fact that we have twice the deficit that europe has. >> right. >> you hear a lot of bad press about europe but europe has a deficit and i want to be exposed to the euro. mostly because i think that the policies of the federal reserve is identical to those of european central bank and euro has been doing very well. and i think, i smell, everybody is bearish on something. but the story doesn't match the numbers. >> bob pisani, good to see you again. in the 2008 crash, is risk in your opinion still underpriced. and if it is, how do you explain to people to protect themselves? >> unless people have been burned, you can't convince them to get protected. and tail risks have traditionally been cheap depending on which tail. and what people fail to understand is that owning tail protection allows me to take risk elsewhere. it is not like what i spend on the tail is the overall package. it is very favorable when you have equities more attractive than bonds and other things. you
of the euro and to some degree make monetary policy tighter over here. we can quickly look at the bond space. italy did go to auction as we continue to see reasonable demand for peripheral debt. the paper is selling off a little bit, but still 4.17%. investors showed up to bid on the two-year zero coupon and the five-year inflankz flagz linked bond. italy and spain continue to front load. forex, though, telling you more of this story, which is that interestingly fluff, we're seeing kind of a risk off attitu attitude. the same has been the case for loony, which now people are starting to talk about in parity with the u.s. dollar. the dollar/yen, down about 0.3% to 90.62. the euro/dollar, 1.3446. so even though it's difficult, the u.s. dollar, guys, has been performing a little better over the last couple of weeks helped by renewed growth prospects. it's one reason why a lot of people are focused on the see kweter, that chatter over the weekend about it happening could put more pressure on the greenback. back to you guys. >> kelly, thanks so much. next time, you should fly over. >> what happen
rose to 11.18% in november. that is a euro area high. if you move forward into decent, you can see the aumt of prices. they're prizing in some easing from the central bank down the road. quick look at what is happening at the bond curve. 5.1, just under 5.1%. the spanish treasury outlining the funds you will need for 2013. you can expect they're going to take as many advantage of these conditions as possible. italy, 4.3% on the ten-year. the gilt yield, above 2%. we will explore what's happening with growth going forward. slipping over now to currencies, here is what we've seen some interesting moves. may not look like much this morning. the euro/dollar is roughly flat. but the dollar/yen moving down by about .3%. it was really actually some support from the euro that came from comments out of japan. japan will be investing, bonds buying in the esm. that is an order to indicate some level of support for the eurozone project. but it also works to help, yes, weaken the yen. on that note, back over to you. >> it's always about the yen. kelly evans in london. the can. thank you. >> we'
to use their credit cards or debit cards or take euros out of the atms because there are concerns about the banking practices at the vatican and so concerns that there might be lack in oversight. >> is it lax in oversight or something naughty? >> well, the concern here is that there might be something naughty that they are not complying withstandards for money laundering protections. there have been two reports, one from an independent group and one from the group of italy saying the practices are not up to snuff. remember the vatican is the home to the catholic church which is an organization of over a billion people. when the pank is moving money they are often moving enormous sums of money. one thing was a 20 million euro transaction. for the vatican that is something that happens on a fairly regular basis that they are moving enormous sums of money between the churches. it got flagged. international protections were not in place to keep the money safe. the pope said we are going to fix this but they are still not there yet and the bank of italy said as of january 1 no more credit ca
currency. the euro is the alternative and look at the problem they are having there. the dollar has gone down in value by 50% against the euro in the last decade. that's because our debt tripled in that amount of time 1971 the so-called nixon shock of wage and price controls and the gold standard ever since then since there has been dollar inflation. it has been fairly consistent in terms of its value, hasn't it? >> no. it's done with up and down. like i said, it's t. lost a tremendous amount of value against the euro. and the issue is the fed just prints money. it just keeps interest. in for the economy. there is going to be inflation. prohibited oddly enough in richard virginia. there you go. look at these. v.a. is going to spend $22,000 to study a virginia alternative currency. that kind of a waste of taxpayer money? >> you know, in a way it is. the issue is we have had, before we haven't just had the dollar forever. at one point, in 1836, there were every state had its own bank note. and there were 16,000 chartered types of currency. so easy to counterfeit. it d bs didn't work at all
in syria, another year of the war in gaza, the euro crisis, penn state, trayvon martin, petraeus, 2012 is a year in many ways, forget the phrase, sucked, which is why it's been worth it as ever to con come the things that did not suck. that did not suck about this year. legitimately without irony or only with a trace amount. behold a clear year that sucked much less than you remember it sucking. everybody on this show is a 13-year-old boy. they were all giggling over this. apparently someone drawing a circle around the florida panhandle is hilarious. whether it is chuck todd or this from cnn because he's putting his hands on it. members of my staff swear putting shapes on the state of florida is all problematic. yes, i get it. i get it less than most people. i do see something in the associated press map. mitt romney won the counties in orange, newt gingrich won the ones in red. do you see that? look closer. they totally saw it. it's a giraffe! best new thing in the world today. you are grounded, staffers. this photo of mitt romney in iowa in october 2007 is the greatest campaign trail
after a warning that the strong euro currency can hit profits. japan nikkei finished down 2.5%. checking in on our numbers a little bit of a mixed picture. looks like a pretty good opening. a decent opening for the nasdaq. a drop for the dow and s & p. apple of course has been hurting the nasdaq. its shares down nearly 9% this year. morgan stanley taking a step to align high earners incentive with shareholder interest. the investment bank is deferring the 2012 bonus. delaying the aids wards will help insure bankers and traders cannot receive high pay for transactions. it also gives workers another reason to stay with the company. >> there you go. >>> tonight the search for the next american idol will officially begin. we're going to check out all the buzz leading up to season 12. there is mariah. and surprises waiting for the singers that want to become stars. >>> the man has a wild encounter with a giant fish. the popular tourist spot. why some are angry with him. >>> you can wake up with ktvu every morning. get the mornings top stories that developed while you were asleep sent straight
austerity has done to europe. it has thrown the entire euro zone back into depression, unemployment in italy spain and greece. youth unemployment in spain and greece is over 55%. the battle joke, i'm partially irish is back in ireland what is ireland's leading export? the irish. as soon as you get your university degree, you leave. >> cenk: tough times ahead. i wish we had some real regulators in washington, one of the old regulators who did his job, william black. thank you. >> that you can cenk. >> cenk: when we come back, a football player who's head was a mess. there's an amazing story about that and theism pact on his family. >> there is a big risk. >> there is huge risk. >> it's not worth it for me to not have a very, very excited about that and very proud of that. >>beltway politics from inside the loop. >>we tackle the big issues here in our nation's capital, around the country and around the globe. >>dc columnist and four time emmy winner bill press opens current's morning news block. >>we'll do our best to carry the flag from 6 to 9 every morning. >>liberal and proud of it. >> cenk
. >> bob: down side is he did introduce cycling to america, which led to all the euro trash outfits that led to people riding around at 5:00 -- >> andrea: but he was the ambassador to europe. now they're in the cafes going see, he -- >> bob: who cared about cycling before he came along? maybe a few afterwards. >> eric: i lost a mother and sister to cancer. they loved lance armstrong. not because of it,be but because he was a cyclist but it was because he beat cancer and fought off a disease. there are people out there stricken with cancer -- >> dana: tony snow wore the livestrong bracelet every day he was press secretary. we wore it for him. it was based on a lie. he became rich, famous, every comfort in the world. the bost doctors in the world. great, the charity -- >> eric: my sister and my mother didn't look to lance armendariz because he won tour de frances but he beat testicular and brain cancer. >> dana: i understand. >> bob: who would have known that -- >> dana: it's unfair to say people criticizing him for what he did don't care about people of cancer. my grand parents died
chaos. melissa: sounds scary. chaos. >> everything is pay us. >> euros. other part of the european union? >> they have the grounds. melissa: so if it's 50 crowns to get a haircut. >> thank you for the conversion rate. why is that gas? palin no. melissa: also, you guys need your hair cut all the time. [talking over each other] >> a procrastinator. melissa: next up, check out these neighbors in the u.k. silently fighting over where the garbage bag should go for pickup. in this very polite fight that went on for more than 30 minutes. had this agreement goes now? there would be shoving, gunplay. bullets flying. back-and-forth and back-and-forth. >> this is like if julie and i were neighbors. >> no, we wouldn't. i wish of you under a bus. if the nine checks out. >> definitely. the funniest thing, i don't know how this and spirit it was cool for about a minute and a half. see how this concludes. melissa: i did not watch it all the way to the end either. it's kind of funny for a while. this is not chaos. this is very orderly. i don't know. >> said that there were going to lock arms. there were
rate and if it defaults on its next round it's going to end up getting kicked out of the euro zone. why do you say we're on the path to greece? >> well, because the people in greece continue to reject any kind of real reform because they've been so long denying reality that they think they can do it forever. the americans are not that far from when we had a balanced budget. we're not that far from when we paid for what we consumed. but we've got to get back to it pretty soon because after 12 years you're beginning to build the generation of citizens and even more generation of politicians who think this can go on forever. >> greta: what do you think is going to happen with the debt ceiling? people didn't notice, but secretary geithner sent a letter to capitol hill we have hit the debt ceiling. he can now do some sort of maneuvering with the money so we at least have cash for about two months, but we're about to run out of cash and a big fight offer the debt ceiling. what's going to happen? >> first of all, tim geithner, bless his heart, he's a little disingenuous in one sense. >> greta:
euro skeptics warn seven are in recession. it's possible that germany falls into a recession as well. so they aren't out of the woods yet. don't get complacent about europe. did japan just start a currency war? announcing a full on assault on inflation. that's likely to weaken their currency and a lot. making it more difficult for the u.s. and europe to increase their exports. where does it end? what kind of unintended consequences could it bring? the third possible derailment, china. not the pace of their growth which has recovered. china worries more about political risk because the country has new leadership for the first time in ten years. and if the country is going to keep growing, they must do some very controversial reforms. that's going to lead to some kind of internal distress as investors try to hold on to power. and the final wild card, iran and its nuclear ambitions. there it's hard for the markets to measure what could happen. >> okay, michelle. thank you. a group of bipartisan senators meanwhile have agreed on a proposal to overhaul immigration laws. let's get to eamon
. if the euro is strong and the economy's stable when it arrives, all is well. but if the euro gets devalued or the banks or the stocks are in trouble, this american-made product can find itself facing some real hurdles. the shop that wants to order it may be unable to get a loan for its inventory, therefore, the instrument never gets shipped. or the customer who wants to buy this guitar may find that his money is now worth so little he can't afford it. and if this drought and the revenue stream continues pushing more businesses and more governments toward default on their debt, then there's a risk of the whole market drying up. so, everyone knows each time a shipment arrives in europe like this one, unpredictable market forces here could undermine the value of those guitars and force layoffs back home. >> the last few years just thinking about the economy in general, it's kind of a generalized fear. >> reporter: for now they control what they can. >> if we do a better job when somebody's looking to buy a guitar, they'll look more to our stuff than the other stuff. over time. >> reporter: an
,000 in the u.s. is being shipped to europe today. if the euro is strong and the economy is stable when it arrives, all is well. but if the euro gets devalued or the banks or the stocks are in trouble, this american-made product can find itself facing some real hurdles. the shop that wants to order it may be unable to get a loan for its inventory. therefore, the instrument never gets shipped. or the customer who wants to buy this guitar may find his money is worth so little he can't afford it. and if this drought in the marine stream continues pushing more businesses and more governments toward default on their debt, then there's a risk of the whole market drying up. so everyone knows each time a shipment arrives in europe like this one, unpredictable market forces here could undermine the value of those guitars and force layoffs back home. >> the last few years just thinking about the economy in general. it's kind of a generalized fear. >> reporter: for now they control what they can. >> if we do a better job when somebody's looking to buy a guitar, they'll look more to our stuff than
journal news to the euro news in less than seven days. they don't give a damn. they issued a public statement linking the atros it that happened in connecticut. anybody with any sense our heart goes out. you do everything we can. >> gregg: why did they do that. you mentioned a statement given by janet hassen who is publisher issuing a statement. armed guards, one of our rules is to reported publicly available information on timely issues. we knew publication of a database would be controversial but we felt sharing information about gun permits on the air it was important in the aftermath of the newtown shooting. as a justification -- does that even make sense? >> doesn't make any sense whatsoever. they did it to sell papers and this is violation. this is an unwarranted invasion of privacy. freedom of information is to have an open, accountable government. not to invade people's privacy. i have victims of domestic violence who went off the grid to protect themselves. they were exposed a couple days before christmas by this editorial board. our cops, police officers, they put gang mem
, things have slowed down so much there's been so much unemployment, 11.6% in the euro zone than it's having the opposite effect. we have to find a more dalan ba approach to how we go forward. europe has a disproportionate influence of this conversation. there is a conversation particularly vis-a-vis the united states as to how much is too much and how much austerity, how much in terms of cutting back is actually enough, christine? >> really nice to see you. when you run into indiana jones, he can have his hat back. nice to see you. >> how many bars are there over the world that have pictures of you in them? >> no, i turned 28 at a davos -- last year -- and it was one of the best birthdays ever. first time i ever ran into kings and bankers and princesses. it's really an interesting .01% of the global leaders. >> with the official public swearing inform the president all done, you know that, small matter over, the really big news of the day -- what was she wearing? look at that lovely red dress. this is not just a big story, it is epic. we'll have it coming up. but if you're looking
rekonkry. >> we're in a better place than the rest of the world. the euro crisis is not over although it seemed to have been abated. that's going to keep happening. the chinese economy is in bigger trouble than it's been in a long time. so that's worrisome. and so in the u.s., the real problem ultimately is a political problem because our economy is slowly recovering. things are starting to turn around and what could spiral us backward really is if one of these upcoming fights on sequestration or the next debt cellin ceiling, you know, finally causes it to -- >> that is sort of baked in the cake. everybody expects they're going keep kicking it down the road. why, then, do we have a surge in stock market? >> one is that corporate profits are very good. but don't forget, corporate companies are holding that money aside. they don't want to reinvest. they're worried about the economy and it's not that helpful. the season reason is because the federal reserve has kept interest rates so, so low that there's almost no other place for people to put their money. so it's less a function of the
. germany uses the troubled euro so some speculate that may be a gold backed the deutsche mark will make a come back. bring the gold home. obviously they are not touching that with a 10 foot pole. the germans are not saying anything about gold back to new deutsche marks. there is chairman nationalism. that a factor. some tabloids have asked whether all their gold really is still in america's for dollars. a german official came to see the gold was not admitted to the vault. maybe they're bringing it back to make sure they really do have it. here is my theory. the germans have had it with apologizing for world war ii, they have added with a southern europe's bill that had it with other people keeping their national treasure. they are taking back 325 tons from france as well. they want to grow up financially and they want everyone to know it and respect it. but then in the back of your mind can you really say gold is useless and has absolutely no place in today's financial system? can you say that? really? [ male announcer ] you are a business pro. executor of efficiency. you can spot an am
on the currencies. the euro pushing higher, 1.33, almost 1.3350. the pound also a little lower today. we'll be right back. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a
. these currencies enjoying an uptick including the euro back to almost 1.35. we'll be right back. >> it is 20 one minutes past the hour. i'm heather nauert with your fox news minute. a federal judge approved bp's guilty plea deal reached with the justice department following the 2010 oil spill in the gulf of mexico. bp pleaded guilty in november to manslaughter charges and other charges and will pay a record $4 billion in criminal penalties for the company's role in that spill. 11 workers died when the macondo well blew out, causing the worst offshore spill in u.s. history. >>> transportation secretary ray lahood is announcing he will leave the obama administration. lahood who spent the past four years pushing for greater safety on the highways and in the air, will stay on until his replacement is chosen and confirmed. >>> high pollution levels and thick smog is surrounding beijing today. authorities are warning children and older adults to stay indoors. the toxic air contains particles thick enough to penetrate lungs. it is forcing flight cancellations. relieve could come tomorrow, snow and rain
,000 euros or about $5,000 in restitution. >>gretchen: new york top cop ray kelly wants to put fake pill bottles in pharmacies with real supplies to track robbers. >>eric: our fears over the flu, widespread flu outbreak getting out of hand? at least one new york city youth sports group is discouraging kids from giving high fives and fist bumps. the manhattan soccer club sent parents an e-mail warning them the safest thing to do instead is to touch elbows. elbow-five bump. i agree with that. i like that idea, elbow bump. >>gretchen: in big groups over the weekend they were telling people don't shake hands. >>steve: it will be interesting to see if the catholic church suspends signs of peace during the cold or flu season. check out this video from glendale, arizona. a family making the most of the chilly weather, turning their frozen pool into a hockey rink. it wasn't thick enough to stand on but they were able to pass the puck. maria molina joins us now. maria, it is not frozen everywhere like it is there in arizona, but it is chilly in the middle. >>maria: very cold out west. we have tem
.s. dollar. but you can see right now, the dollar is down against the euro, which is back up at 1.3361. the dollar is up against the yen, 89.31. and gold prices this morning have gained a little bit of ground. up $7.70 to $1,668730. right now it's time for the global markets report. let's get over to kelly evans would is standing by in london. >> kelly, good morning. becky, good morning. i heard joe's comment about my hair. i will get back to that later, but i will say it was snowing earlier. it's beautiful. but that's not responsible for any notable change in look. just take a quick look at what's been happening wind me in europe. we're in the green for the most part behind bigger than expected industrial production. i wanted to show smu stocks because it's merger news monday. you guys have briefly mentioned a couple of these. down there, you can see swatch is up 3.8% after saying it's going to buy the julie business harry winston. we saw harry winston at the golden globes last night or at least you guys did. i certainly wasn't up. generali,'s new ceo looking to shed capital shar
only need to look at two charts. the first chart is the euro/yen. this comes back to the highest levels since the summer of 2011. when you include the dollar/yen in that chart, you have to go back an extra year. we're comping to the summer of 2010. in either case, the dynamic is the same. i keep harping on it, and it continues to be the best trade that the fx traders are dealing with for the last three or four months. that is, long anything against the yen. carl, back to you. >> thanks a lot, rick. talk to you in a little while. let's check out the latest moves in metals. >> good morning, carl. let's start with the slide in gold futures down a dollar may not seem like so much. when you look at the fact that gold is below $16.50 an ounce, a key technical level there, that is the reason why many traders say there's more bullish momentum in the gold market. add to that the fact that the latest report said the bullish bets for gold are at the lowest levels we've seen since august. a lot of investors are on the sidelines waiting to see what happens with the next round of budget talks. and no
euros i was going to by the congress in 1994, and in 93 i went around to things like this and there was so much excitement out there. there was excitement out there because there wasn't just one talk radio guy that everybody listen to, or one news channel that everybody listen to, or one website that everybody went to. you would give a great welfare reform idea from john engler in michigan. he would get great crime control ideas from tommy thompson in wisconsin. and newt gingrich, along with trent lott, along with connie mack, along with jack kemp, they were churning ideas out every single day. so in 93 and 94, when i ran, i just plugged my campaign into all the things that gingrich, i think a pretty severe critic but i'll tie you what, it was him doing the very things that ross is complaining about that this republican party and our house doesn't do right now that gave us the majority. i remember in 93 going into the rnc and they had a sign that said think majority. they just laughed but i was like are you kidding me? we have no chance. we have been in the majority i
debate pose big risks to the worldwide economy. the ongoing recession in the euro zone also a factor. >>> and winter weather prompts a state of emergency. salt trucks ran all night long to prevent sleet and freezing rain from the roadways and almost a quarter inch of ice formed on power lines and heavy rain is now causing flooding. >>> facebook's new search tool is surrounded by hype, but others think it might be a dude. it's called graph search and it's a way to search through your facebook network for answers. information google cannot access. you could look for restaurants your friends like, kind of like yelp or look for job connections like on linked-in or you can use it to find singles in your area. steven levy is the senior writer for "wired" magazine. steven, welcome. >> thank you. >> okay, you went to the facebook campus, experimenting with graph search. you interviewed mark zuckerberg. so, is this really as revolutionary as we're led to believe? >> well, it's very big for facebook. facebook has a couple things that people do all the time. they share photos and other things w
and caucuses recalculated. november 6th was the big enchilada and we had this huge network with euros that the research is news networks collect genius in the early voting. in the run-up to the election. we have used election night operation. for the only source for open wide results in many states the only source. as part of that operation, we've stringers in virtually every unit in the country, counties and most places. we have hundreds of people in entry centers, analyst at the data in our news network in the field, so we have a dirty good facility for seeing issues and problems and trends i guess you would say. we have a bias in that we look for things that causes problems with an interest other folks on the panel appeared more interested in things that make to these accounts specifically or affect the accuracy of the count. and we generated make a rule of expecting and preparing for the worse, which is not hard to do as they got ready for this election because we do redistricting year, number one. 10 states in the run-up to the election considered essential tossups, which makes e
chaotic place right now. you have a people associated with the arab spring. you have the euro crisis. you have a global recession. you have a rising china. it is a very a out of world right now. i'm not sure that it's going to be less -- it is a very chaotic world right now. i'm not sure that it's going to be less chaotic if we pull back, because bad actors will fill that power vacuum. host: james kitfield of the "national journal." caller: google james morris, r ussia today, you will see that it is a spinoff --sia russia today, you will see that it is as enough -- a spinoff. guest: they kind of backed the idea that assad just stay in power. israel likes the status quo. the arab spring totally reshuffles the strategic calculus for israel, especially with the peace treaty. the israelis are very nervous about a lot of the repercussions from the arab spring. are they pushing for this rebellion that gets rid of assad? not to my knowledge. it has been really focused on the shiite gulf countries like saudi arabia -- sunnis in the saudi arabia. saudi arabia, qatar, and others have been very wo
nation between our three components and general frank grass the chief of the national euro and i have with the same efforts toward communication between the air force and the national guard bureau. obviously the force structure is a mix between the active and reserve components of the air force is a contentious issue and has been for the last six to eight months clearly. it continues to be. i characterize her court nation with the group i just mentioned as energetic and improving. but we are absolutely committed. everybody in the group i just mention is committed to ensuring that in the future when we come forthwith force structure mixed recommendations to the secretary, the secretary of defense and the president congress that we speak with one voice. we will do everything we can to get there. the first memory i have of my grandfathers him pulling up in front of our house in his 53 chevy convertible. the reason why, it was this week are. if we were at my not we could take you to the flight line and i could show you a bunch of sweet d50 to zen in 20208 woman delivered the last casey 46
ago. it is a 25% increase from 21 that suits 2010. the proportion of five to 11 euros diagnosed with a ph.d. increased 3.1% in 2010. researchers a better awareness of the condition among parents and doctors or improve access to health care may be behind the trend. increases were a significant among whites, blacks at, and hispanics but did not change significantly among asians, office of the islanders, and other racial groups are the tenure. . >> apple iphone rumors are nothing new but a new report suggests that apple has at least three out of up its sleeve for 2013. reports that apple released a 4 in. iphone five s as well the iphone that will feature a 4.8 in. screen and then eight megabits the camera. the third mystery iphone with a 12 mb the camera is ruined rumored to hit the market by year's end. the last laugh owns the iphone 4 as an iphone five hats over launches. apple needs a shot in the arm as the stock has dropped from 7 05 at a share in september. and the study suggests that there may be have once been water on mars. analysis of the persian greater shows signs it was
. that helped push the euro to the highs of the day. we're showing you the ten-year yield for spain over the last year. it's down -- we wanted to give you context. remember it was the summer when they were getting very nervous about 7% yields. now we're down to 5%. some of the spanish bonds very long term. due in 2041. so they have clearly regained some of the confidence of the markets. take a look at this six-month chart. the big decline in particular of nearly 30% when it comes to their long-term interest rates. european stocks, they were choppy today though. driven in part by a german news report that said german regulators are running a simulation on what would happen if banks were forced to split their retail and investment activities. think of german glass steagall. so they got hit particularly hard, falling more than 3% before recovering off the lows. there were rumors denied by the bank that they'd offer a profit warning. you can see the big hit here. the overall german market improved after the confidence data came out in the country. better than expected. but still, an overall
of folks that over the last couple of years said the euro zone wasn't going to make us, europe wouldn't be with us anymore, that clearly was overstated. it never was going todom pass. the united states had all sorts of issues in its own government. you didn't see double-dip recession in the u.s. think about before the u.s. election how many people said these companies are keeping trillions of dollars on the sidelines because they're worried about the u.s. how many people are keeping trillions of dollars on the sidelines because they're worried about uncertainty in china? china is more uncertain. two thirds of the world's growth comes from emerging markets. these are countries much more volatile. now the financial crisis finally in our rear-view mirror, we'll spend more time in there. >>eric: what the arab summer? arab spring, arab summer? >> we have a boom going on, offshore gas brazil and mexico. as a consequence, the down side in the middle east which is exploding, that will have less impact on the u.s. ironically the fact that it has less impact on the u.s. means the likelihood tha
of people killed by firearms is extraordinary compared to other nations. euroing we're i don't think we're a blood thirsty culture and we need to look at everything we can do to safe guard our people. >> i appreciate your honesty on this. let me quickly ask you, the "rolling stone" article kind of exploded on our show that morning it broke and led to a fairly quick departure. do you feel misunderstood about parts of those -- the repo reporting -- and is there anything you would change looking back? >> first, i would tell you, as a commander, i take responsibility for what happened. when i came back to offer my resignation to president obama, that's exactly what i told him, i take responsibility, because that's what commanders do, and move on. i think that the media controversy that arose around that, i actually believe that it may not be entirely accurate, but the commander in chief who i worked for was my commander in chief and still my commander in chief. i owe him not to put such things on his desk, not to have him face controversies. whether it's my fault or not, it's my responsibil
thing i'm not really afraid of us in this world are the rating agencies. >> only because the euro is so weak, the chinese are where they are. we can't depend on the rest of the world being feckless forever. >> people like me have been saying for five years, don't worry about these deficit things for the time being. they're not an issue. other people have saying imminent crisis, imminent crisis. how many times do they have to be wrong and do people like me have to be right before people start to believe in us? >> you're right until the day you're wrong, and that's a bad day. >> and he's on the sides of buses in spain. there we go. >> he's huge! >> paul krugman. >> thank you so much. >> this is fascinating. you've got to come back. it's great to have such diversity of thoughts. i'm serious. >> come back. >> spirited. >> the book is "end this depression now!" out in paperback. read it. we'll talk about it more. >> you're too early in the morning. >> you think so? >> yeah. >> why? >> the viewers may like it, but i don't. >> class doesn't start this early. >> oh, my goodness. >> we'll have y
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